BGM

06/25/2026

Leadership transitions are inevitable, but disruption doesn’t have to be. By bolstering your business’s “bench strength,” you can support succession planning objectives and promote greater stability.

Build bench strength to support succession planning, prepare future leaders and protect business continuity during leadership transitions.

06/24/2026

Selling your home this summer? The sale could be tax-free, or it could create a sizable tax liability. Or it might result in a tax bill between those extremes. Learn more.

Selling an appreciated home may trigger capital gains tax or NIIT. Learn how the home sale gain exclusion works and how to plan for the tax impact.

06/23/2026

The line between a hobby and a business isn’t always obvious — but it can have a major impact on your taxes. Learn what the IRS looks for and how to strengthen your position as a for-profit business.

Learn when the IRS may classify your side gig as a hobby instead of a business, how that affects tax deductions, and how to show a profit motive.

06/18/2026

You may not realize your bookkeeping has fallen behind until you need to file a tax return or complete a loan application. Learn how to spot warning signs, organize your books and access timely, reliable data.

Learn practical steps to catch up on financial records, resolve tax issues, improve cash flow visibility, and get your business back on track.

06/18/2026

BGM's Iowa office was pleased to welcome clients and friends to our open house event last week! Our guests enjoyed food, music, and great conversation and had an opportunity to learn about the additional services and resources available through BGM.

Thank you to everyone who joined us—we enjoyed seeing everyone and connecting and strengthening our relationships with our clients and community!

06/17/2026

Most founders spend years building toward an exit. Few prepare for what comes after. Learn five costly mistakes founders make with sudden wealth and how to avoid them.

Five mistakes founders make after a liquidity event, from acting too fast to underestimating taxes, and how to protect what you've built.

06/17/2026

BGM is proud to have been named a 2026 by the Star Tribune for the third consecutive year! This meaningful recognition reflects BGM’s culture and values, which are rooted in collaboration, support, integrity, and a strong commitment to our clients and one another. We are grateful to our dedicated team members for making BGM such a great place to work, grow, and succeed!”

https://bgm360.com/news-insights/bgm-named-a-2026-top-workplace-by-star-tribune/

06/16/2026

A job loss can create tax consequences that aren’t always obvious. Reviewing your options before making decisions about severance, health coverage and retirement accounts may help you avoid unnecessary taxes and penalties.

Understand the tax impact of unemployment benefits, severance pay, health coverage, and retirement accounts to avoid costly surprises.

06/16/2026

A like-kind exchange can be a valuable tax-deferral strategy — but only if you follow the rules. Learn four common myths that can lead to missed opportunities or costly mistakes.

Learn the truth about Section 1031 like-kind exchanges. Debunk four common myths and understand key rules, deadlines, and tax implications.

06/12/2026

Please join us in welcoming Jacob Pung to BGM as a Financial Planning Intern!

Jacob is pursuing a degree in Finance at the University of St. Thomas and will be working alongside our Wealth Management team this summer, gaining valuable hands-on experience while supporting clients across a variety of industries and service areas.

We are excited to have Jacob join the BGM team!